@ElonTrades In a bid for markets and power to be decentralised, the markets allowed one centralised counterparty for every MM and CEXes in the market. This was doomed to happen. As I always wondered, “ what if Binance fails? How big an unwind that’s gonna be…”
My heart goes out to those who lost a lot during this flash crash. Money lost can be made again. Stay strong. Markets has yet to stabilise, don’t go full tilt on yourselves. Yes we are in it to make money, but don’t ever lose yourselves in chasing the dream. God bless 🙏🏻
⚠️🚨Market bloodbath brewing on Monday
This Mon US stock markets are open, but Banks are closed for Columbus / Indigineous Peoples day. Most exchanges won’t settle deposits until Tuesday
Traders won’t be able to add funds to manage margin. Liquidation armageddon incoming
It was only Day 1 of CES 2025.
And the announcements are already mind blowing.
10 wild reveals:
1. BYD's supercar Yangwang U9 jumping 6 meters forward using "jumping suspension"